Cetera Investment Advisers Trims Stake in SPDR Portfolio S&P 500 Growth ETF $SPYG

Cetera Investment Advisers cut its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 0.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,077,881 shares of the company’s stock after selling 20,778 shares during the period. Cetera Investment Advisers owned approximately 0.70% of SPDR Portfolio S&P 500 Growth ETF worth $301,355,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SPYG. Whittier Trust Co. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 10.2% in the fourth quarter. Whittier Trust Co. now owns 1,040 shares of the company’s stock worth $112,000 after purchasing an additional 96 shares during the last quarter. SmartHarvest Portfolios LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.7% during the first quarter. SmartHarvest Portfolios LLC now owns 5,804 shares of the company’s stock valued at $568,000 after buying an additional 96 shares during the last quarter. Thoroughbred Financial Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% during the fourth quarter. Thoroughbred Financial Services LLC now owns 17,381 shares of the company’s stock valued at $1,854,000 after buying an additional 99 shares during the last quarter. Pathstone Holdings LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.4% in the third quarter. Pathstone Holdings LLC now owns 22,934 shares of the company’s stock worth $2,397,000 after buying an additional 102 shares during the period. Finally, Fiduciary Group LLC raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3.4% in the fourth quarter. Fiduciary Group LLC now owns 3,109 shares of the company’s stock worth $332,000 after buying an additional 103 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock opened at $117.67 on Thursday. The stock has a 50 day moving average price of $118.30 and a 200 day moving average price of $110.23. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $93.61 and a 52-week high of $122.92. The firm has a market capitalization of $51.91 billion, a P/E ratio of 32.28 and a beta of 1.17.

SPDR Portfolio S&P 500 Growth ETF Profile

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.